ACE Hardware in Englewood Sold for $2.6M

Denver, CO – The Edwards Ethington Team of Pinnacle Real Estate Advisors arranged the sale of the highly visible two building, single tenant Ace Hardware located at 4509 S Broadway in Englewood, CO. A&A Trading Post, the first Ace Hardware franchisee in Colorado, has been at this location for 60+ years. The current franchisee purchased the business in 2006 and continues to own/operate three successful Ace Hardware location in Metro Denver. The building has received over $250,000 in improvements since October 2014. The Edwards Ethington Team represented both local buyer and local seller. The property traded for $2,600,000 or $165.30 per square foot.